MONTGOMERY GI BILL-SR (CHAPTER 1606)
INCREASED EDUCATIONAL BENEFIT

EFFECTIVE OCTOBER 1, 2007

 

Educational Assistance Allowance for trainees under the Montgomery GI Bill - Selected Reserve (Ch. 1606 of Title 10, U.S.C.). The following basic monthly rates are effective October 1, 2007.

Institutional Training
Training Time Monthly rate
Full time $317.00
3/4 time $237.00
1/2 time $157.00
Less than 1/2 time $79.25

 

Correspondence and Flight - Entitlement charged at the rate of one month for each $317.00 paid.

Cooperative - $317.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges

OJT Rates effective October 1, 2007 - December 31, 2007

Apprenticeship and On-the-Job Training
Training Period Monthly rate
First six months of training $269.45
Second six months of training $206.05
Remaining pursuit of training $142.65

 

OJT Rates effective January 1, 2008

Apprenticeship and On-the-Job Training
Training Period Monthly rate
First six months of training $237.75
Second six months of training $174.35
Remaining pursuit of training $110.95